698# Volty Channel Template
Trend Channel Trading
Submit by Louis 09/08/2016
Volty Channel Template is a tool that help you to find the best trading opportunities.
This tool it's based on the trend channel for choice the direction of the market and the Volty Channel indicator.
Time Frame 30 min.
Currency pairs: Majors and Minors.
Metatrader indicators:
VQ bars (5,3,1,5);
SHI True channel ( this is a price action indicator );
Super channel 3vd;
Trend channel MA 1, ATR 10, KV 4.0,;
MACD CCI MTF (60);
WSS filter.
Trading rules Volty Channel Template
Simple
Buy
SHI True channel upward trend;
Trend channel blue dot or line;
VQ bars green color;
MACD CCI MTF (blue bar) optional;
WSS filter blue bar.
Sell
SHI True channel downward trend;
Trend channel red dot or line;
VQ bars red color;
MACD CCI MTF (red bar) optional;
WSS filter red bar.
Re-enter
The same previous conditions.
Wait the Super channel buy/Sell arrow.
Exit with fast profit target (15-30 pips).
This is an intraday strategy that may also be used to time the highest frame.
In the pictures Volty Channel Template in action.
Share your opinion, can help everyone to understand the forex strategy
|
|
|
|
|
|
|
|
|
|
Write a comment
james (Thursday, 18 August 2016 04:25)
I like the shi channel....it helps in knowing the direction of the market and highs and lows. THANKS for sharing.
hassan shahzad (Monday, 29 August 2016 11:17)
hi Forexstrategies...i will give my review for this system if that works for me...thanks for the share..its looking good
soko (Thursday, 22 September 2016 04:01)
what is the meaning of 'Re-enter'?
Kavir (Saturday, 08 June 2019 04:57)
I am using this on 30M TF. Great results.
Fred (Saturday, 08 June 2019 11:10)
Also, I', m with 30 min TF. Very very good. Thanks.